Winetime, a Ukrainian food market chain, issues debut bonds worth ₴400M.

The National Securities and Stock Market Commission has registered the debut issue of interest-bearing unsecured A series bonds by the Winetime gastromarket chain, controlled by Asnova Holding. In total, 4,000 bonds with a nominal value of ₴100,000 each were issued for a total nominal amount of ₴400M ($10.9M).

The company has three main directions: retail – a network of 35 Winetime gastro markets in 15 regions that has been developing since 2010, as well as an online store, alcohol distribution in nine regions, and renting out its premises in Kyiv.

The company’s 2022 revenue decreased by 8.6% to ₴1.3B, while net profit increased 5.6 times to ₴40.79M. Due to the war, equipment worth ₴3.02M was destroyed and written off in the Zaporizhzhia location and ₴0.38M in a store in Stoyanka near Kyiv, as well as the goods in these stores – ₴3.80M and ₴9.31M, respectively.

As of this June 30, the chain’s total asset value was ₴172.93M.